diff --git a/domains/internet-finance/prediction-market-regulatory-legitimacy-creates-both-opportunity-and-existential-risk-for-decision-markets.md b/domains/internet-finance/prediction-market-regulatory-legitimacy-creates-both-opportunity-and-existential-risk-for-decision-markets.md index dc956b5f5..99ed88287 100644 --- a/domains/internet-finance/prediction-market-regulatory-legitimacy-creates-both-opportunity-and-existential-risk-for-decision-markets.md +++ b/domains/internet-finance/prediction-market-regulatory-legitimacy-creates-both-opportunity-and-existential-risk-for-decision-markets.md @@ -106,3 +106,10 @@ ProphetX's compliance-first strategy (filing DCM/DCO applications before ANPRM p **Source:** ProphetX CFTC ANPRM comments, April 2026 ProphetX's Section 4(c) proposal represents a new regulatory strategy: purpose-built compliance rather than operate-and-litigate. This creates a third path beyond Kalshi's litigation strategy and Polymarket's offshore-then-acquire approach—building specifically for regulatory engagement from inception. + + +## Extending Evidence + +**Source:** Tribal gaming ANPRM comments, April 2026 + +Tribal gaming opposition introduces a new dimension of regulatory risk: federal preemption that solves state gambling law conflicts simultaneously destroys federal tribal gaming protections under IGRA. This creates congressional pressure for a legislative fix that regulatory approaches cannot provide, potentially forcing CFTC to narrow its preemption claims or face legislative override.